FRANKFURT: US President Donald Trump recently announced that professional work visas (H-1Bs) for the United States will now cost sponsoring institutions $100,000. This is not a fee; it is the price that any company or university that wants to hire...
FREIBURG: Democratic societies require free and fair elections and an independent and impartial judiciary that resolves disputes without regard to the identity of the parties. Unless the laws that democracies give themselves are enforced...
NEW YORK: For decades, we have been told that government-operated businesses are bad for the economy. A staple of the “Washington Consensus” that emerged in the 1980s was that “private industry is managed more efficiently than...
NEW YORK :Within the past month, California Governor Gavin Newsom has vetoed an artificial-intelligence safety bill, and the Royal Swedish Academy of Sciences awarded the Nobel Prize in Chemistry to David Baker, a professor at the University of...
NEW YORK: When confronting the choice between truth and power, Shakespeare’s Hamlet poses his famous existential question: “To be or not to be?” The search for an answer will confront heroes and villains alike with the prospect of...
Project Syndicate: You have lamented the excessive financialisation of the economy, noting that “finance is both dumb and dangerous,” not least because it relies almost entirely on the price mechanism. How should we go about changing...
NEW YORK: Finance used to be a means to an end, not an end in itself. From food and housing to family vacations, everything in our daily lives must be paid for one way or another. If we don’t have cash on hand, we turn to a lender for a...
NEW YORK: As Russian tanks battle through Ukraine on the orders of an authoritarian president, it is worth noting that Ukrainians are not the only ones who crave democracy. Russians, too, have taken to the streets – at great personal risk...
NEW YORK :The Christmas shopping season is upon us. Whether one is a believer or not, it is almost impossible to resist the lure to shop and give gifts at this time of the year. But the biggest gift givers are inanimate creatures without any...
NEW YORK – In June 2019, Facebook made a daring announcement: within a year, it would launch a new global currency, the Libra. The idea was to offer an alternative to national currencies in cross-border transactions, and to provide a payment...
NEW YORK – How can one make wise decisions about a perpetually unknowable future? This question is as old as humankind, but it has become existential in light of climate change. Although there is sufficient evidence that anthropogenic climate...
